Browsing: Regulations

A crypto Cold War is underway as the United States, China, and Russia have competing visions about the future of crypto-economic systems. Washington encourages private crypto markets and dollar-backed stablecoins as a way to extend American financial reach. Beijing favors state-led payment systems and carefully regulated blockchain infrastructure.

Outgoing SEC CommissionerHester Peirce remains optimistic that Congress will pass the CLARITY Act.

Bitwise Chief Investment Officer Matt Hougan had previously said he didn’t expect the crypto industry to lose momentum even if the long-anticipated Clarity Act doesn’t pass the US Senate before its summer recess.

Tyler Williams served as Secretary Scott Bessent’s principal adviser on blockchain and digital asset policy, making him one of Treasury’s top voices on US crypto regulation. He is returning to the private sector after leaving his post on July 31.

The CLARITY Act has since gained momentum, and the Blockchain Association sent a letter to the National Sheriffs’ Association challenging their claim that legislators created a legal loophole for decentralized finance.

Former CFTC Chairman Chris Giancarlo on Sunday told The Wolf Of All Streets podcast that the CLARITY Act is not a lifeline for crypto, and that failure would simply separate the builders from the bystanders.

US Treasury Secretary Scott Bessent pledging further yen intervention sparked investor caution.

CME Group has challenged the U.S. Securities and Exchange Commission’s approval of Nasdaq’s cash-settled Bitcoin index options product.

Leveraged funds’ combined net bearish position across CME’s standard and micro Bitcoin futures narrowed by 5,566.5 BTC-equivalent between July 21 and July 28.

The stablecoin wars are currently bifurcating into two distinct strategic architectures: the scale-at-all-costs model and the regulatory depth moat. While the Open USD consortium—a coalition of 140-plus members including Visa, Mastercard, Stripe, BlackRock, and BNY—bets on massive distribution and a revenue-sharing model to capture market share, Circle Internet Group, Inc. (NYSE: CRCL) is doubling down…